“RATESETTER has said that a forecast interest rate rise on Thursday would have limited positive effects on savers and moved to reassure investors that its business model would thrive in a higher interest rate environment.

The ‘big three’ peer-to-peer lender said that an increase to the base rate from its historic low of 0.25 per cent would be “a sign of confidence in the strength of the economy and a step towards a more ‘normal’ interest rate environment”.

However, the company noted that banks traditionally do not pass on interest rate increases to savers, and even if they did, any impact would be negated by inflation.”

2. UK – P2P

Bridging & Commercial look at a mutually beneficial relationship between a P2P platform and a financial adviser.

“ThinCats has marked 18 months of working with Alderburn Finance Solutions by highlighting the importance of understanding the needs of its partners’ clients.

Crowdfundinsider reports: "Creative robotics pioneer and Kickstarter success Joto announced on Tuesday it has extended its equity crowdfunding round on Crowdcube. The company is currently seeking £196,000 and has achieved nearly £130,000 from more than 215 investors.

“After the credit crisis of 2008-09, former Federal Reserve Chairman Paul Volcker quipped that the only important innovation the financial industry had come up with in the prior 20 years was the automated-teller machine. Now almost everyone is walking around with a smartphone loaded with apps to manage personal finances, cryptocurrencies have become funding vehicles for everyone from cloud technology entrepreneurs to rappers, while big banks are pondering how to put their records and conduct transactions on decentralized blockchains. Bloomberg View columnist and economics professor Tyler Cowen recently spoke with fellow Bloomberg View columnist Matt Levine, who spends a lot of time thinking and writing about the future of finance and its intersection with technology. Here is a lightly edited version of their online chat.”

The Crowdfunding market report elaborates the industry overview. Various definitions and classification of the industry, applications of the industry and chain structure are given. Present day status of the Crowdfunding industry in key regions is stated and industry policies and news are analysed.”

The Daily News Briefing is sponsored by Money&Co. and edited by Martin Baker, Director of Content and Communications at Money&Co and Editorial Director of Another Crowd.

It is provided as a free information service, based upon fair use. Nothing in the Daily Briefing is privileged, confidential or investment advice.